CSQIX vs. FSMSX
Compare and contrast key facts about Credit Suisse Multialternative Strategy Fund (CSQIX) and FS Multi-Strategy Alternatives Fund (FSMSX).
CSQIX is managed by Credit Suisse (New York, NY). It was launched on Mar 29, 2012. FSMSX is managed by FS Investments. It was launched on May 15, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSQIX or FSMSX.
Key characteristics
| CSQIX | FSMSX | |
|---|---|---|
| YTD Return | 0.55% | 3.57% |
| 1Y Return | -0.07% | 3.88% |
| 3Y Return (Ann) | 1.87% | 4.95% |
| 5Y Return (Ann) | 4.49% | 4.39% |
| Sharpe Ratio | 0.01 | 1.49 |
| Sortino Ratio | 0.04 | 2.10 |
| Omega Ratio | 1.01 | 1.31 |
| Calmar Ratio | 0.01 | 1.92 |
| Martin Ratio | 0.02 | 4.98 |
| Ulcer Index | 2.19% | 0.78% |
| Daily Std Dev | 5.42% | 2.60% |
| Max Drawdown | -11.28% | -9.41% |
| Current Drawdown | -2.86% | -0.88% |
Correlation
The correlation between CSQIX and FSMSX is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CSQIX vs. FSMSX - Performance Comparison
In the year-to-date period, CSQIX achieves a 0.55% return, which is significantly lower than FSMSX's 3.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CSQIX vs. FSMSX - Expense Ratio Comparison
CSQIX has a 0.85% expense ratio, which is lower than FSMSX's 1.89% expense ratio.
Risk-Adjusted Performance
CSQIX vs. FSMSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Multialternative Strategy Fund (CSQIX) and FS Multi-Strategy Alternatives Fund (FSMSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CSQIX vs. FSMSX - Dividend Comparison
CSQIX's dividend yield for the trailing twelve months is around 1.57%, less than FSMSX's 3.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
CSQIX Credit Suisse Multialternative Strategy Fund | 1.57% | 1.58% | 1.61% | 9.19% | 13.34% | 4.97% | 0.00% | 0.00% | 0.36% | 0.00% | 1.76% |
FSMSX FS Multi-Strategy Alternatives Fund | 3.44% | 3.57% | 2.97% | 3.22% | 0.77% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CSQIX vs. FSMSX - Drawdown Comparison
The maximum CSQIX drawdown since its inception was -11.28%, which is greater than FSMSX's maximum drawdown of -9.41%. Use the drawdown chart below to compare losses from any high point for CSQIX and FSMSX. For additional features, visit the drawdowns tool.
Volatility
CSQIX vs. FSMSX - Volatility Comparison
Credit Suisse Multialternative Strategy Fund (CSQIX) has a higher volatility of 1.64% compared to FS Multi-Strategy Alternatives Fund (FSMSX) at 0.83%. This indicates that CSQIX's price experiences larger fluctuations and is considered to be riskier than FSMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.